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About this product
Product Identifiers
PublisherSpringer Berlin / Heidelberg
ISBN-103642073557
ISBN-139783642073557
eBay Product ID (ePID)99498986
Product Key Features
Number of PagesXiv, 346 Pages
LanguageEnglish
Publication NameEconomic and Financial Market Consequences of Global Ageing
Publication Year2010
SubjectGerontology, Demography, Finance / General, General, Public Policy / Economic Policy, Forecasting, Sociology / Marriage & Family
TypeTextbook
Subject AreaPolitical Science, Social Science, Business & Economics
AuthorKieran Mcmorrow, Werner Rã¶Ger
SeriesEuropean and Transatlantic Studies
FormatTrade Paperback
Dimensions
Item Weight19.6 Oz
Item Length9.3 in
Item Width6.1 in
Additional Product Features
Intended AudienceScholarly & Professional
TitleLeadingThe
Dewey Edition22
ReviewsFrom the reviews:"In The Economic and Financial Market Consequences of Global Ageing, European Commission (EC) economists Kieran Mcmorrow and Werner Roeger examine the likely effects of differential aging trends on GDP, consumption, savings, investment returns, capital flows, and net foreign assets for key economic regions. provides a useful introduction to a world just over the horizon, in which aging has changed everything." (Paul S. Hewitt, PEF - Journal of Pension Economics and Finance, Vol. 3 (2), 2004)"The book certainly contains a wide range of projections, analyses, graphs and tables that everyone with an interest in the questions of ageing and pension systems will want to study further. On top of this, the book is highly pedagogical, giving some very useful clarifications of the many concepts used in the debate of pension systems." (Michael Tiet Nielson, CoverAGE, Issue 36, 2004), From the reviews: "In The Economic and Financial Market Consequences of Global Ageing, European Commission (EC) economists Kieran Mcmorrow and Werner Roeger examine the likely effects of … differential aging trends on GDP, consumption, savings, investment returns, capital flows, and net foreign assets for key economic regions. … provides a useful … introduction to a world just over the horizon, in which aging has changed everything." (Paul S. Hewitt, PEF - Journal of Pension Economics and Finance, Vol. 3 (2), 2004) "The book certainly contains a wide range of projections, analyses, graphs and tables that everyone with an interest in the questions of ageing and pension systems will want to study further. On top of this, the book is highly pedagogical, giving some very useful clarifications of the many concepts used in the debate of pension systems." (Michael Tiet Nielson, CoverAGE, Issue 36, 2004), From the reviews: "In The Economic and Financial Market Consequences of Global Ageing, European Commission (EC) economists Kieran Mcmorrow and Werner Roeger examine the likely effects of ... differential aging trends on GDP, consumption, savings, investment returns, capital flows, and net foreign assets for key economic regions. ... provides a useful ... introduction to a world just over the horizon, in which aging has changed everything." (Paul S. Hewitt, PEF - Journal of Pension Economics and Finance, Vol. 3 (2), 2004) "The book certainly contains a wide range of projections, analyses, graphs and tables that everyone with an interest in the questions of ageing and pension systems will want to study further. On top of this, the book is highly pedagogical, giving some very useful clarifications of the many concepts used in the debate of pension systems." (Michael Tiet Nielson, CoverAGE, Issue 36, 2004), From the reviews:"In The Economic and Financial Market Consequences of Global Ageing, European Commission (EC) economists Kieran Mcmorrow and Werner Roeger examine the likely effects of … differential aging trends on GDP, consumption, savings, investment returns, capital flows, and net foreign assets for key economic regions. … provides a useful … introduction to a world just over the horizon, in which aging has changed everything." (Paul S. Hewitt, PEF - Journal of Pension Economics and Finance, Vol. 3 (2), 2004)"The book certainly contains a wide range of projections, analyses, graphs and tables that everyone with an interest in the questions of ageing and pension systems will want to study further. On top of this, the book is highly pedagogical, giving some very useful clarifications of the many concepts used in the debate of pension systems." (Michael Tiet Nielson, CoverAGE, Issue 36, 2004)
Number of Volumes1 vol.
IllustratedYes
Dewey Decimal305.26
Table Of ContentOne: Economic and Financial Market Consequences of Global Ageing.- Executive Overview.- Section 1: Global Demographic Trends and Forecasts 1950-2050.- Section 2: How is Ageing Likely to Impact Economically over the Next 50 Years: What are the Main Transmission Mechanisms?.- Section 3: Global Capital Market Developments, Current Account Imbalances and the Evidence for Agerelated International Capital Flows.- Section 4: Global Ageing Scenario 2000-2050.- Section 5: Policy Response: How Can the EU and the World as a Whole Effectively Deal with the Challenges of Ageing?.- Detailed Summary of Main Points from Part 1.- Two: EU Pension Reform -- an Overview of the Debate and an Empirical Assessment of the Main Policy Reform Options.- Executive Overview of Key Policy Conclusions.- Introductory Remarks.- Section 1: Overview of the Pension Reform Debate.- Section 2: Description of Model Used to Assess the Pension Reform Options.- Section 3: PAYG System: Economic Assessment of the Main Parametric / Labour Market Reform Options: What is needed to Bring the System Back into Equilibrium?.- Section 4: Systemic Reform: 2 Key Factors to be Considered: Internal Rates of Return + Transition Burden.- Section 5: Economic Assessment of a Full / Partial Shift to Funding.- Section 6: An "Optimal" EU Pension Reform Strategy.- Detailed Summary of Main Points from Part 2.- Three: Annexes.- Annex 1: Member States Analysis.- Annex 2: Detailed Description of Ageing Model.- Annex 3: Basic Data on Savings, Wealth Holdings and Retirement Income Financing.- Annex 4: Results of Comparable Ageing Studies.- Annex 5: Prefunding within the PAYG System: Intergenerational Equity Objective.- List of Graphs.- List of Tables.- References.
SynopsisMany countries will be confronted with ageing populations in the coming decades. This will crucially affect the economic outlook for the economy. Population changes directly affect the size of the labour force and consequently potential employment and output growth. In addition, changes in demographic trends strongly influence savings and investment behaviour, the outlook for the public finances, a range of financial market variables and, more controversially, may impact on the pace of productivity growth in an economy. Because the timing and magnitude of demographic changes varies significantly across regions, international capital flows will play an important role for the allocation of investment. This book offers a comprehensive treatment of ageing related issues based on a five region overlapping generations model and provides a quantitative assessment until 2050., Many countries will be confronted with ageing populations in the coming decades. This will crucially affect the economic outlook for the economy. Population changes directly affect the size of the labour force and consequently potential employment and output growth. Because the timing and magnitude of demographic changes varies significantly across regions, international capital flows will play an important role for the allocation of investment. This book offers a comprehensive treatment of ageing related issues based on a five region overlapping generations model and provides a quantitative assessment until 2050.
LC Classification NumberHM716-753.2
